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that's what president obama nou announced today. or should he do even more, pull full military aid as well? here is former deputy assistant secretary of defense, peter brooks, p.j. crowley. gentlemen, thanks for joining us. let's first explain to people. president obama comes out and announces they are canceling what had been huge military exercises next month with the egyptian military. secretary brooks, please tell people what does this mean when the president announces the cancellation of this? how significant is it? >> well, it's very symbolic. it's very public. it's certainly pushing back on the generals in egypt and egyptian military. i mean, it's the least he could have done considering the situation there in egypt. i don't think he would have been -- would have received a lot of criticism for allowing american troops to train with the egyptians considering what's going on in the streets of cairo, alexandria and other places, but in the long run, it's really not much at all in terms of influencing the egyptian generals and i
that's what president obama nou announced today. or should he do even more, pull full military aid as well? here is former deputy assistant secretary of defense, peter brooks, p.j. crowley. gentlemen, thanks for joining us. let's first explain to people. president obama comes out and announces they are canceling what had been huge military exercises next month with the egyptian military. secretary brooks, please tell people what does this mean when the president announces the cancellation of...
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Aug 15, 2013
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we do not have a response from the egyptian government on the latest comments from president barack obama and the cancellation of biannual military exercises. >> this is the point we're watching for world markets, which is currently 107 right now. thank you very much for your reporting. >>> on deck, building confusion in the housing market. one long-time homebuilder bull is getting semi-bearish. while a new survey says everything is fine. so we want to know, which is it? we're also keeping an eye on this market. right now the biggest loser on the big board is hp. it is currently moving to the down side as much as one of the other stocks on the dow. stick around, "street signs" will be back in a minute. make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you start using active trader pro today. if you're like me, you've been working you've been working like a dog all year. but you don't need to camp out 'til labor day to reward yourself! mattress discounters' labor day sale is on now!
we do not have a response from the egyptian government on the latest comments from president barack obama and the cancellation of biannual military exercises. >> this is the point we're watching for world markets, which is currently 107 right now. thank you very much for your reporting. >>> on deck, building confusion in the housing market. one long-time homebuilder bull is getting semi-bearish. while a new survey says everything is fine. so we want to know, which is it? we're...
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president obama spoke as it reached 500. good evening, ayman. >> reporter: good evening, bill, for the second straight now the country is imposeing a curfew. this comes on the heels of another violent day in egypt. not like the one we saw yesterday, not in the death toll numbers, one that did see fatalities among both police and security forces here. it began this afternoon with protest marches, among those supporters of the ousted president who are participating in funeral marches and others across the country. in one instance, they approached the municipality building here in cairo. led to a confrontation with police that led them to fire tear gas to disperse the crowd. the interior ministry says they authorized live ammunition against protesters attacking buildings critical to the egyptian government. so it adds to the anxiety level, yesterday we saw that incredible death toll that continues to climb as people recover the bodies from the clashes. more importantly, there are accounts of egyptian soldiers in the sinai penin
president obama spoke as it reached 500. good evening, ayman. >> reporter: good evening, bill, for the second straight now the country is imposeing a curfew. this comes on the heels of another violent day in egypt. not like the one we saw yesterday, not in the death toll numbers, one that did see fatalities among both police and security forces here. it began this afternoon with protest marches, among those supporters of the ousted president who are participating in funeral marches and...
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john, there will be those who will have wanted more from president obama. okay, today he has interrupted his vacation to make a statement condemning violence, but still there's no sanction against the military authorities in cairo. what happens now do you think? >> we'll see how much the violence we saw yesterday continues or whether it doesn't. he will get krid simpcriticism cutting off military add. some of his past advisers had called for that step to be taken. but richard haas put out a tweet saying the president had done the right thing but not suspending aid. that the effect of his announcement of canceling the bright star exercises was to put the government on notice, the egyptian military on notice, that time is running out and gradually ramp up pressure with a possibility for more steps later. >> i guess it still leaves measures to be taken. john, we'll leave it there for the moment. thank you very much, john harwood there as the president speaks in martha's vineyard. >>> up next on the program, we are cutting our losses slightly, we're down 177 po
john, there will be those who will have wanted more from president obama. okay, today he has interrupted his vacation to make a statement condemning violence, but still there's no sanction against the military authorities in cairo. what happens now do you think? >> we'll see how much the violence we saw yesterday continues or whether it doesn't. he will get krid simpcriticism cutting off military add. some of his past advisers had called for that step to be taken. but richard haas put out...
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president obama addressed the situation seemingly deteriorating in cairo and egypt from martha's vineyard earlier today. >> mohamed morsi was elected president in a democratic election. his government was not inclusive. we know that many egyptians, millions of egyptians, perhaps even a majority of egyptians, were calling for a change in course. let me say that the egyptian people deserve better than what we've seen over the last several days. >> cnbc is live in a very tense cairo. yusef? >> reporter: well, tyler, in the last few minutes we've got the report that the casualty toll in the sinai peninsula has risen after an attack on a checkpoint. we now understand that seven, not four, soldiers were killed in the attack. clashes are still under way across egypt. it's not just happening in sinai, it's happening in carroll and reports of attacks on churches, on police stations, on shops and even on banks. clearly the stakes are much, much higher and they will continue to fight. a spokesman saying they will not cower and they will rise again. now, a march is called for tomorrow on the other ha
president obama addressed the situation seemingly deteriorating in cairo and egypt from martha's vineyard earlier today. >> mohamed morsi was elected president in a democratic election. his government was not inclusive. we know that many egyptians, millions of egyptians, perhaps even a majority of egyptians, were calling for a change in course. let me say that the egyptian people deserve better than what we've seen over the last several days. >> cnbc is live in a very tense cairo....